Wilhelmsen Ship Management returns to FSRU management with Pardus Energy deal

Singapore-headquartered Wilhelmsen Ship Management (WSM) has sealed a management agreement with Pardus Energy for newbuild FSRU Turquoise.

WSM will be providing ship management services for the 170,000 cbm vessel, built at South Korea’s Hyundai heavy Industries. For Irish firm Pardus Energy, the vessel marks an entry into the FSRU market while for WSM it marks a return to the market, having last managed FSRUs for Golar back in 2015.

Tony Heffernan, head of LNG and FSRU at Pardus Energy, commented: “We are very pleased to select WSM as the technical manager for our first newbuild FSRU, Turquoise and look forward to working and developing a fruitful relationship with WSM in the years ahead”.

WSM has been managing gas vessels for 25 years, and plans significant expansion in the sector.

“We are extremely excited to be selected as the manager for this FSRU. This win further solidifies our position in the gas market and we expect further growth driven by the positive sentiment in this segment,” said Carl Schou, CEO and president of WSM.